Income-Restricted Multifamily
For Sale
Contact for pricing
Pending
2915 Arleth St, Terre Haute, IN 47802
79-unit multifamily property built in 2010, with income restrictions extending through 2040.
Property SizeContact for details
Days on Market159
Property Features for 2915 Arleth St
General Information
Standard status
Pending
Class
B
Property subtype
Multifamily
Occupancy
100%
Additional Details
Multifamily Units
79
Building Details
Year Built
2010
Units
79
Tenancy
Multi
Listed By:
Teddy Kenny · License #RB22001936
Source:
Crexi
Added: Apr 2
Changed: Aug 8
Last Checked: Jul 25 at 12:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Teddy Kenny
Investment Insights
Based on property information with market context.
Park Place Apartments is a 79-unit income-restricted multifamily community constructed in 2010. The property’s unit mix is primarily one-bedroom units, and the community is currently in the extended use phase of the income restrictions.
Income restrictions expire in 2040. After expiration, the property is expected to transition to fully market-rate rents with zero rent restrictions, as described in the offering materials.
This is a newer-vintage multifamily asset presented for sale.
Income restrictions expire in 2040. After expiration, the property is expected to transition to fully market-rate rents with zero rent restrictions, as described in the offering materials.
This is a newer-vintage multifamily asset presented for sale.
Key Highlights
- 79‑unit income‑restricted multifamily community in Terre Haute, Indiana
- Built in 2010 (newer vintage apartment community)
- Efficient unit mix primarily consisting of 1‑bedroom units
Property Analytics
Property Profile
Current Use
Lease Details
79
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
693
Businesses Nearby
Explore this area
Business Placement
Demographics for 47802, IN
34,229
Population
14,682
Households
2.3
Avg Household Size
39
Median Age
28%
College-Educated
90%
High-School Grad
158.8 sq mi
ZIP Area
216
Density / Sq Mi
$58,880
Median Household Income
$36,457
Median Earnings
$865
Median Rent
$165,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 79-unit multifamily property built in 2010, with income restrictions extending through 2040.
Where is this apartment building located?
The property is located at 2915 Arleth St Terre Haute, IN.
What are key features of this property?
This property features: 79‑unit income‑restricted multifamily community in Terre Haute, Indiana; Built in 2010 (newer vintage apartment community); Efficient unit mix primarily consisting of 1‑bedroom units
